If a political deal is barfed up before Monday’s night’s supposed deadline, stocks will have nowhere to go but up. This will not be because traders think the deal is bullish for the market or the economy, but because they expect other traders to react as though it were. Since nothing could be further from the truth, we should expect the rally to be over rather quickly. My hunch is that it would be a good short sale with the Dow up between 100-120 points, but if we’re going to do any actually shorting it should be based on a Hidden Pivot target or midpoint. It is for such a purpose that you should keep my target for the E-Mini S&P in mind. The one I’ve proffered comes from the five-minute chart, since there are no big-picture Hidden Pivots that work.